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By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
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By Phil Flynn |
June 18, 2013
Who's afraid of the big bad Fed? Oil traders, that’s who! Oil succumbed to the rising dollar after homebuilder confidence hit the highest level in seven years.
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By Anthony Lazzara |
June 17, 2013
The SEP13 E-mini S&P 500 is trading up 18 points this morning on not only a great housing market index number, but also possible expectations of a dovish Bernanke on Wednesday.
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By Jeanna Smialek, Bloomberg |
June 17, 2013
Confidence among U.S. homebuilders surged in June to the highest level in seven years, reflecting gains in sales as Americans rushed to take advantage of low mortgage rates.
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By Hugh Son, Bloomberg |
May 30, 2013
Stumpf says new regs and capital rules should be given "a chance to work."
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By Lorraine Woellert, Bloomberg |
May 23, 2013
Builders sold more U.S. new homes than projected in April as cheaper borrowing costs and job gains drew more buyers into the market.
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By Lorraine Woellert, Bloomberg |
May 16, 2013
Starts of new U.S. homes fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high.
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By Lorraine Woellert, Bloomberg |
May 15, 2013
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates.
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By Joe Richter and Marina Sysoyeva, Bloomberg |
April 30, 2013
North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two decades.
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By Alex Kowalski, Bloomberg |
April 23, 2013
Purchases of new U.S. homes rose in March, capping the best quarter for the industry since 2008 and providing more evidence the housing recovery will be sustained.